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Latest: Energy News

BHP First-Half Profit Tops Forecast, Spurs Talk of M&A
BHP First-Half Profit Tops Forecast, Spurs Talk of M&A

The miner has had a busy six months marked by sweeping changes, including selling its $13-billion petroleum business and a listing unification

Oil Prices Could Hit $125 On Supply Snarls, Warns JP Morgan
Oil Prices Could Hit $125 On Supply Snarls, Warns JP Morgan

International Energy Agency reported the gap between the OPEC+ group’s production target and actual output was 900,000 barrels a day

Rio Tinto, BHP, Fortescue Results to Put Focus on China Demand
Rio Tinto, BHP, Fortescue Results to Put Focus on China Demand

Half-year 2021 earnings at Fortescue may fall by roughly a third, while six-month profit growth at Rio Tinto and BHP may be knocked down

Singapore Small Businesses Face Big Jump in Power Bills – ST
Saudi Aramco Transfers 4% of Shares to Wealth Fund
Invasion Would Spur Decisive Response, Biden Tells Putin
Oil Majors Face Backlash as Era of Big Profits Returns
Shenghe Resources Plans to Buy Stake in Peak Rare Earths
China’s Gobi Desert Plan To Boost Solar, Wind Power
Indonesia Suspends Operations of More Than 1,000 Miners

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Energy: The Big Picture

India Is Likely Exporting Refined Russian Oil to the West

India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.